Type of ownership and audit report lag
Subject Areas :Hassan Chenari 1 , rostam ranjbar navi 2
1 - Department of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran
2 - Department of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran
Keywords: Audit Report Lag, Owned Block of Shares, Concentrated Ownership,
Abstract :
The delay in the issuance of the auditor's report constitutes a failure to provide timely information and reducing the quality of the reported data. This study investigated the relationship between some corporate governance mechanisms (concentrated ownership and blocking shares) and delays in audit reports on companies listed in the Tehran Stock Exchange. Information needed for the study of the financial statements of 95 companies in the period 2012-2016 was collected. For the analysis of multivariate regression with panel data is used. The results of the test the first hypothesis suggests that the concentrated ownership and there is not a delay in the audit report. But the results of the second hypothesis showed that blocking the ownership of shares and the delay in the audit report and there is a significant inverse relationship.But the results of the second hypothesis showed that blocking the ownership of shares and the delay in the audit report and there is a significant inverse relationship.
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